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Everyone's an economist – but they aren't financial planners

Why it's time to ignore the noise and focus on your financial goals.

Important notes

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

Brexit, snap elections, US-China trade wars – is there any good news out there? Truth is, it’s enough to make you bury your head in the sand and hope for the best.

Part of the problem is, bad news sells newspapers. Then there’s the over-abundance of opinions, from self-proclaimed experts in the press and on social media. Even your friends and family might offer some unwanted opinions on how to ride out the political storm.

The doom and gloom is practically suffocating. But all the nay-saying won’t help you achieve your personal financial goals.

Don’t forget, you have a lot to look forward to. Here’s how to stay positive and focus on number one.

Don’t panic – focus on your goals

First things first. Don’t be a victim of hysteria, there’s a lot to be positive about. Pay attention to what you can control – your finances.

A financial plan focuses on what you’re aiming to achieve. Whether your goals have changed or not, it’s best to check if you’re still on track. If you’re close to retirement for example, you’ll want to check if you’ve got the right balance between cash and investments and how diversified those investments are. If you’re at all unsure, seek advice.

If you don’t have a plan, try drawing up a financial timeline. It’ll help you map out what you’ve got, what you’ll need it for and when.

Revisiting your goals will help you escape the headlines and remind you of all the good stuff you’ve got to look forward to.

Once you feel you’ve got an idea of what you’re dealing with, you should feel a whole lot better.

Get a renewed perspective and confidence

Don’t follow the herd. What works for ‘most people’ might not work for you.

Your friends and family will want the best for you. But they’re likely to give you advice based on their experiences, which could be out of date or irrelevant for your situation. Even financial experts in the media can only speak in general terms.

Personalised financial advice from a qualified adviser is the only way to get advice that’s suitable for you.

If you choose to take advice, our financial advisers will listen to your concerns and take time to understand your goals. They’ll then help you put a strategy in place or adjust your current plan.

You’re not alone: Join like-minded people and hear from the experts

Come to our seminar on 24 October to learn more about; preparing for retirement, making the most of tax allowances and getting started with investing.

You’ll also be able to speak to our advisers one on one, and ask them questions on how financial advice might be able to help with things that matter most to you. They’ll also help you get to grips with the tools and resources available through HL. No advice will be given at the seminar.

Date: 24 October 2019

Location: Rowton Hall Hotel and Spa, Chester

Cost: Free to attend

Book your place

Can’t make it? Find out about other seminars in your area.

Call our team and start making sense of it all

Our advisory helpdesk are here to help you in two key ways:

  1. To explain more about our advice service
  2. To find out more about your current situation and concerns, to make sure you’d benefit from advice and see true value for money

Book a call, talk to us for free and without obligation. Whether you end up taking advice or not, speaking to our helpdesk could be the little confidence boost you need.

If you decide to proceed with advice they will put you in touch with one of our advisers, charges will apply. No advice will be given during the initial call.

Book a call

Important notes

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

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